Weekly Forex Forecast (April 16 – 20, 2018)

At this time last week, I was discussing the potential of a EURUSD bounce. The single currency had just tested the April 2017 trend line near 1.2240 and looked ready to move higher toward the 1.2440 area. Although buyers did push prices higher last week, they ran into a wall of sellers above 1.2360….

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